Lab 4. Purchase and Sales Documents.

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Purchase and Sales Documents


1.Licensing


  1. The IT (HS) classifications apply only to importing goods, not exporting. TRUE
  2. It is compulsory to get a license to import any sort of goods into the US. FALSO
  3. Customs create the regulations for importing and exporting. FALSO
  4. Most exporters in the US do not need a license. TRUE
  5. An import license is considered as a barrier to trade. TRUE
  6. An US exporter of chemical subtance will probably need an export license. TRUE
  7. Import items subject to the Food and Drugs Administration in the US will always need a license. TRUE
  8. There is only one governmental agency/office concerned with the issuing of import and export licenses. FALSO
  9. It is obligatory to get a surety bond if you are to become an importer in the USA. FALSO

2.Identifying International Trade Documents


General
 Specific
  • Commercial invoice
  • Consular invoice
  • Shipping list
  • Dispatch advice
  • Export licence
  • Import licence
  • Quality inspection certificate/certificate of value
  • Specification sheet
  • Pro forma invoice
  • Bill of lading
  • Packing list
  • Certificate of origin
  • Health, sanitary, phytosanitary, veterinary certificates
  • Dangerous goods declaration
  • Manufacturer´s analysis certificate
  • Airway bill